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MGIC (MTG) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2025, MGIC Investment (MTG - Free Report) reported revenue of $305.67 million, representing no change compared to the same period last year. EPS came in at $0.82, compared to $0.77 in the year-ago quarter.

The reported revenue represents a surprise of -0.35% over the Zacks Consensus Estimate of $306.76 million. With the consensus EPS estimate being $0.70, the EPS surprise was +17.14%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how MGIC performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • GAAP underwriting expense ratio (insurance operations only): 21.9% versus 18.7% estimated by two analysts on average.
  • GAAP loss ratio (insurance operations only): -1.2% versus the two-analyst average estimate of 19.2%.
  • Revenues- Net premiums earned: $244.32 million versus the two-analyst average estimate of $241.57 million. The reported number represents a year-over-year change of +0.3%.
  • Revenues- Other revenue: $0.35 million versus the two-analyst average estimate of $0.3 million. The reported number represents a year-over-year change of -35.2%.
  • Revenues- Net investment income: $61 million versus $64.68 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.

View all Key Company Metrics for MGIC here>>>

Shares of MGIC have returned -8.9% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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